According to the results of a survey conducted in September 2022 in the United Kingdom (UK), consumers will be spending less across almost all retail categories. In the period between September 2022 and September 2023, UK consumers were expecting to spend the least on going out, eating out and clothing and accessories with net negative spending intention of above 50.
Net spending intention of consumers in the United Kingdom (UK) between March 2021 and September 2022, by category
Characteristic
Grocery shopping
Children and babies
Improving home
Holidays
Health and wellbeing
Clothing and accessories
Beauty and personal care
Technology
"Big ticket items"
Going out
Eating out
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* The most recent period (September 2022).
The source calculates the net spending intention by regularly asking if people will spend more or less on certain categories in the next 12 months than against the last 12 months. The difference between the two is then used to work out ‘net spending intention’.
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PwC UK. (April 25, 2022). Net spending intention of consumers in the United Kingdom (UK) between March 2021 and September 2022, by category [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1304288/consumer-spending-intention-by-category-uk/
PwC UK. "Net spending intention of consumers in the United Kingdom (UK) between March 2021 and September 2022, by category." Chart. April 25, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1304288/consumer-spending-intention-by-category-uk/
PwC UK. (2022). Net spending intention of consumers in the United Kingdom (UK) between March 2021 and September 2022, by category. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1304288/consumer-spending-intention-by-category-uk/
PwC UK. "Net Spending Intention of Consumers in The United Kingdom (Uk) between March 2021 and September 2022, by Category." Statista, Statista Inc., 25 Apr 2022, https://www.statista.com/statistics/1304288/consumer-spending-intention-by-category-uk/
PwC UK, Net spending intention of consumers in the United Kingdom (UK) between March 2021 and September 2022, by category Statista, https://www.statista.com/statistics/1304288/consumer-spending-intention-by-category-uk/ (last visited July 22, 2024)
Net spending intention of consumers in the United Kingdom (UK) between March 2021 and September 2022, by category [Graph], PwC UK, April 25, 2022. [Online]. Available: https://www.statista.com/statistics/1304288/consumer-spending-intention-by-category-uk/